NOT LISTED FOR SALE
4 Beds
-- Bath
2,774 Sq Ft
1929 Built

Last Sold June 10, 2022

4 Days on Market

About This Home

As of June 2022

Turn key 4-unit investment opportunity with 100% occupancy. Gross monthly rent of $1975. DO NOT BOTHER TENANTS, PROPERTY WILL BE OPEN FOR SHOWINGS SATURDAY 4/23 FROM 2-3PM. Pictures are prior to leasing. Property consists of 2 duplexes that have each received some renovations within the last 2 years. All 1-bedroom units. Front duplex addresses are 2043/2045 S Broadway. Back duplex addresses are 2047/2049 S Broadway. The back duplex has a new roof within the last 2 years. The 2045 unit has a 1-car garage, all others are off-street outside parking. All have central heat. Only 2045 has central air. All leases are current with the earliest lease ending in May, at which point it will convert to month-to-month. Owner currently pays water, trash, and lawn maintenance. Tenants pay electric and gas, which are individually metered. Rents are as follows: 2043 - $475, 2045 - $525, 2047 - $500, 2049 - $475. Property is professionally managed.

Last Agent to Sell the Property

Caleb Claussen

Reece Nichols South Central Kansas License #00245649 Listed on: 04/21/2022

Reece Nichols South Central Kansas

Co-Listed By

Larry Hall

Real Broker, LLC License #00236074

Last Buyer's Agent

Josh Roy

Keller Williams Hometown Partners License #00053413

Keller Williams Hometown Partners

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 7,091 Sq Ft Lot

Parking

  • 5 Parking Spaces

Home Design

  • Converted Dwelling
  • Composition Roof
  • Hardboard

Interior Spaces

  • 2,774 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Apartment Living Space in Basement
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Disposal

Schools

  • Gardiner Elementary School
  • Hamilton Middle School
  • West High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • Gross Income $23,700

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for lawn maintenance, trash, water/sewer
  • Assessor Parcel Number 20173-129-32-0-41-01-014.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Four To Sixplex
  • Style: Converted House
  • Estimated Age: 81+ Years
  • Total Specials: 31.6
  • Year Built: 1929
  • Annual Specials: 31.6
  • Estimated TFLA: 2774
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 773

Interior Features

  • Appliances: Disposal, Over/Range, Refrigerator
  • Floors: Carpet, Wood
  • Basement: Yes - Unfinished
  • Basement Use: Separate Apartments, Tenant Laundry, Tenant Storage
  • Number Of Stories: Two

Exterior Features

  • Construction: Hardboard
  • Roof: Composition

Garage/Parking

  • On Site Parking Spaces: 5

Utilities

  • Cooling: Other/See Remarks
  • Flood Insurance: Unknown
  • Heating: Central Gas, Forced Air
  • Utilities: Natural Gas, Public, Sewer

Association/Amenities

  • Safety Features: Smoke/Heat Detector

Schools

  • School District: Wichita School District (USD 259)
  • Elementary School: Gardiner
  • Middle School: Hamilton
  • High School: West
  • Elementary School: Gardiner
  • High School: West

Lot Info

  • Includes Lot Y/N: Yes
  • Lot Size Sq Ft: 7091
  • Geo ADDRESS Line: 2043 S Broadway Ave
  • Geo PRIMARY City: Wichita
  • Geo Quality: 0.95
  • Geo Subdivision: KS
  • Geo Update: 04/22/2022
  • Geo Zoom Level: 16

Rental Info

  • Owner Paid Utilities: Lawn Maintenance, Trash, Water/Sewer
  • Tenant Paid Utilities: Electric, Gas

Tax Info

  • Assessor Parcel Number: 20173-129-32-0-41-01-014.00
  • General Taxes: 786.15
  • General Tax Year: 2021

Multi Family

  • Number Of Units: 4
  • Number Of 1 Bedroom Units: 4
  • Gross Income: 23700

MLS Schools

  • Middle School: Hamilton
  • School District: Wichita School District (USD 259)

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold -- -- --
04/25/2022 04/25/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $150,000 -- $54 / Sq Ft
Source: South Central Kansas MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kansas MLS

MLS Number: 610403

South Central Kansas MLS